Tencent’s share price has reached a new high, and Ma Yun has become China’s richest man

　　Not long ago, Tencent’s mobile game "Honor of Kings" was repeatedly criticized by the media, and its share price suffered a setback, but then it continued to rise. Yesterday it reached a record high of 320.60 Hong Kong dollars, up nearly 3% from the previous day. Tencent’s market value reached 3.045056 trillion Hong Kong dollars, making it the most valuable listed company in China. According to Forbes’ real-time rich list, Pony Ma’s personal wealth rose to 36.20 billion US dollars, ranking 18th in the world on the list, surpassing Ma Yun and Wang Jianlin to become the richest man in China.

　　Tencent’s share price yesterday reached a record high of 320.60 Hong Kong dollars, up nearly 3% from the previous day. Tencent’s market value reached 3.045056 trillion Hong Kong dollars, making it the most valuable listed company in China. The personal wealth of Pony Ma, chairperson and CEO of Tencent, also rose, reaching 36.20 billion US dollars, making him the richest man in China.

　　Tencent’s share price reaches HK $320

　　Yesterday, the stock price of Tencent, which is listed on the Hong Kong stock market, reached a record high. As of the end of the day, it rose 2.95% to 320.60 Hong Kong dollars. At present, Tencent’s market value has reached 3.045056 trillion Hong Kong dollars (about 389.283 billion US dollars), making it once again the most valuable listed company in China. At present, Tencent’s market value ranks eighth in the global market value ranking, second only to Buffett’s Berkshire Hathaway.

　　Data show that in the past six months, the share price of Tencent Holdings has risen from 190 Hong Kong dollars at the beginning of the year to 320 Hong Kong dollars today, a cumulative increase of 66%. Not long ago, Tencent’s mobile game "Honor of Kings" was repeatedly criticized by the media, and its share price suffered a setback, but then it continued to rise.

　　The latest two quarterly report shows that a total of 30 funds (shares are calculated separately) hold a large position in Tencent Holdings, with a total of 11.0689 million shares. The net value of these funds has also risen with the rise of heavy stocks, and has obtained rich returns.

　　At present, a number of institutions hold "buy" ratings on Tencent and have raised their target price for Tencent. Morgan Stanley raised its target price of Tencent from the original 310 Hong Kong dollars to 370 Hong Kong dollars; Nomura Securities raised its target price to 341 yuan; Bank of America Merrill Lynch maintained its "buy" rating, raising the target price of Tencent to 331 yuan, and expects the mobile game business to continue to drive the company’s revenue. Deutsche Bank raised the target price of Tencent from 320 yuan to 327 yuan, and rated it "buy".

　　Pony Ma becomes China’s richest man

　　According to Forbes’ real-time rich list, Pony Ma’s personal wealth rose to 36.20 billion US dollars, ranking 18th in the world on the list, surpassing Jack Ma, who ranked 20th, and Wang Jianlin, who ranked 26th, to become the richest man in China.

　　According to the latest disclosure of rights and interests of the Hong Kong Stock Exchange, Pony Ma’s share of the issued shares of Tencent Holdings fell from 13.91% on July 8, 2004 to 8.73% on November 28, 2016. However, Tencent’s market value has increased by nearly a thousand times from billions of Hong Kong dollars at that time to trillions of Hong Kong dollars at present; Tencent’s share price has risen from HK $3.70 per share in June 2004 to HK $320.60 today, and it has also undergone a split of five. According to this calculation, in the 13 years of listing, Tencent’s share price has increased by more than 433 times. The wealth of Pony Ma, the founder of the company, has naturally risen.

　　2017 interim results will be announced next Wednesday

　　Tencent will announce its 2017 interim results next Wednesday. According to statistics, in the past five years, Tencent’s revenue growth rate has been 54%, 38%, 31%, 30% and 48% respectively. Tencent’s performance in the first quarter of this year shows that operating income 49.588 billion yuan, an increase of 54.83% year-on-year, and net profit 14.548 billion yuan, an increase of 57.46% year-on-year. Roughly calculated, in the 90 days of the first quarter of this year, Tencent Holdings’ average daily revenue was about 550 million yuan, and the average daily net profit was about 160 million yuan.

　　The market generally believes that although Tencent is involved in a wide range of business, it is still relatively focused on social networking and gaming. "In the past, everyone thought that Tencent could do anything, and we also took a detour," Pony Ma once said. "We have changed a lot in the past two years, cutting more and more businesses… Since entering mobile game operations, a lot of energy has been on the layout of global mobile games, which is our main business."

　　The game business is Tencent’s main business, which is not only one side of Ma Yun’s words, but also reflected in Tencent’s financial report. In 2016, Tencent’s 2016 annual revenue was 151.938 billion, of which online game revenue was 70.844 billion, accounting for 47%. In Quarter 1 this year, Tencent achieved revenue of about RMB 14.10 billion in PC client side games, an increase of 24% year-on-year, benefiting from the increase in contributions of major games such as League of Legends, Dungeons and Warriors, and FIFA Online 3. In mobile games, revenue of about RMB 12.90 billion was achieved, an increase of 57% year-on-year, driven by existing and new games such as ("Honor of Kings", "Crossfire: Gunfight King" and "Dragon Valley"). In particular, "Honor of Kings", its tens of millions of DAU players have achieved not only a game, but also a hot topic in society. As of the fourth quarter of 2016, "Honor of Kings" has 50 million DAU. In the past six months, the popularity of the game has gradually increased, and it has attracted the attention of Xinhua News Agency, People’s Daily and other media. I hope the game can lead positive energy and fulfill its social responsibility.

　　As of the first quarter of this year, Tencent’s QQ monthly active accounts reached 861 million, and the combined monthly active accounts of WeChat and WeChat reached 938 million, an increase of 23% over the same period last year. Social and other advertising revenue increased by 67% to RMB 4.379 billion, mainly driven by advertising revenue growth from WeChat Moments, WeChat public accounts, app stores and mobile browsers.

　　related news

　　Tencent launched credit score

　　"Tencent Credit" has opened a public beta for some users, and some users can already check their credit scores in the account column of QQ Wallet in the "Tencent Credit" official account of mobile QQ.

　　Beiqing Daily reporter learned that Tencent Credit is a personal credit management platform launched by Tencent Credit, and the credit score can reflect the user’s credit level. Similar to Zhima Credit Score, Tencent Credit Score is also evaluated by the system credit scoring model. It relies on comprehensive evaluation of data from multiple dimensions such as social, payment, finance, and society to monitor in real time. The higher the score, the higher the credit level. Users can improve their credit score by repaying credit cards in a timely manner, paying water, electricity and gas bills on time, binding bank cards on the official website of Tenpay or mobile QQ wallet, purchasing wealth management products, and improving accurate credit information in credit management. Loan defaults, credit card repayments and other behaviors will be recorded, and even affect the credit score.

　　Tencent said that users can not only understand their credit level through Tencent credit scores, but also enjoy the financial privileges and life privileges that good credit brings to them, such as cash lending, bank card application, consumption installment, and credit travel.

　　It is reported that only QQ super members are currently eligible for the public beta. Tencent said that the public beta qualification is not directly related to QQ members, QQ years, QQ levels, account transfer consumption and other conditions. It is based on the user’s real name and credit comprehensive evaluation and randomly opened. At present, the public beta list is small, and there is no active application path for the time being. The public beta list will be gradually opened in the future. This group text/This reporter, Wen Jing, photo/DongIC fang